2018-10-17T11:04:24-05:00 2018-06-30 470625816 LUTZ AND COMPANY PC PO BOX 1317 HASTINGS NE 689021317 990 2017-07-01 470728813 CENTRAL COMMUNITY COLLEGE FOUNDATION INC CENT 4024602153 201 FOUNDATION PL NO 200 HASTINGS NE 689014014 RHONDA PAULEY PRESIDENT 4024602153 2018-10-10 1 CURTIS THOMPSON CPA P01730629 4024624154 2018-10-10 2017 2022-09-23 18:48:47Z X RHONDA PAULEY 708 MADDEN ROAD HASTINGS NE 68901 7952180 0 X WWW.CCCNEB.EDU/FOUNDATION X 1989 NE PROVIDE MONETARY AND ADVISORY SUPPORT FOR CENTRAL COMMUNITY COLLEGE 18 18 0 27 0 0 2257148 6435369 0 0 349780 434070 21446 151019 2628374 7020458 1313683 7337463 0 0 0 0 0 0 72951 296594 424504 1610277 7761967 1018097 -741509 19333917 19346610 417730 896856 18916187 18449754 THE FOUNDATION'S MISSION IS TO ADVANCE OPPORTUNITIES FOR QUALITY EDUCATIONAL SERVICES IN NEBRASKA-BASED INSTITUTIONS. 0 0 577227 577227 SCHOLARSHIPS PROVIDED - THE FOUNDATION WAS ABLE TO PROVIDE $577,227 OF SCHOLARSHIPS TO STUDENTS ATTENDING CENTRAL COMMUNITY COLLEGE DURING THE FISCAL YEAR ENDED JUNE 30, 2018. $301,591 OF THE SCHOLARSHIPS WERE PROVIDED FROM DIRECT FOUNDATION DOLLARS AND THE REMAINING $275,636 OF SCHOLARSHIPS WERE RECEIVED INDIRECTLY FROM CONTRIBUTIONS PASSED THROUGH TO CENTRAL COMMUNITY COLLEGE. 6760236 6760236 PROGRAM AND ACTIVITY SUPPORT - FUNDS IN THE AMOUNT OF $6,000,000 WERE TRANSFERRED TO CENTRAL COMMUNITY COLLEGE FOR THE KEARNEY CENTER. $298,998 WAS ALSO TRANSFERRED TO CENTRAL COMMUNITY COLLEGE FOR OTHER CONFERENCES AND GRANTS. $81,500 WAS TRANSFERRED TO VARIOUS OTHER NEBRASKA COMMUNITY COLLEGES FOR PROGRAM SUPPORT DURING THE FISCAL YEAR ENDED JUNE 30, 2018. IN ADDITION, $379,738 OF DONATED EQUIPMENT AND SUPPLIES WERE ALSO TRANSFERRED TO CENTRAL COMMUNITY COLLEGE TO ASSIST IN VARIOUS PROGRAM ACTIVITIES. 7337463 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SHARON LISKE 3083987577 201 FOUNDATION PL STE 200 HASTINGS NE 68901 X DALE POHLMANN DIRECTOR 0.50 X 0 0 0 JACK SCHREINER DIRECTOR 0.50 X 0 0 0 GALE BEIROW DIRECTOR 0.50 X 0 0 0 KEVIN BROSTROM DIRECTOR 0.50 X 0 0 0 LARRY BUTLER DIRECTOR 0.50 X 0 0 0 BUD FLEISCHER DIRECTOR 0.50 X 0 0 0 MATT GOTSCHALL EX-OFFICIO DIRECTOR 0.50 X 0 0 0 WILLIAM HITESMAN EX-OFFICIO DIRECTOR 0.50 X 0 0 0 H DONNELL HULME DIRECTOR 0.50 X 0 0 0 SHARON LISKE TREASURER 40.00 X X 0 0 0 LESLIE MARSH DIRECTOR 0.50 X 0 0 0 GREG SMITH EX-OFFICIO DIRECTOR 0.50 X 0 0 0 LAVERN FRANZEN EX-OFFICIO DIRECTOR 0.50 X 0 0 0 JOSEPH PREUSSER EX-OFFICIO DIRECTOR 0.50 X 0 0 0 JACK CROWLEY EX-OFFICIO DIRECTOR 0.50 X 0 0 0 JEFF ANDERSON VICE PRESIDENT 0.50 X X 0 0 0 TERRY MILLARD DIRECTOR 0.50 X 0 0 0 RHONDA PAULEY PRESIDENT 0.50 X X 0 0 0 LYNNE WERNER DIRECTOR 0.50 X 0 0 0 JAY TROFHOLZ DIRECTOR 0.50 X 0 0 0 ROLAND RUESCHHOFF SECRETARY 0.50 X X 0 0 0 BETH BOESCH DIRECTOR 0.50 X 0 0 0 RAY O'CONNOR DIRECTOR 0.50 X 0 0 0 MARCIE KEMNITZ EX-OFFICIO DIRECTOR 0.50 X 0 0 0 JON ABEGGLEN DIRECTOR 0.50 X 0 0 0 HOMER PIERCE DIRECTOR 0.50 X 0 0 0 DEAN MOORS EXECUTIVE DIRECTOR 14.00 26.00 X 61409 95474 29470 61409 95474 29470 1 0 1 0 0 182478 6252891 81312 6435369 186240 186240 1106601 858771 247830 247830 247830 51506 182478 72951 -21445 -21445 MISCELLANEOUS 611710 107408 107408 SUPPORT FROM COLLEGE 611710 65056 65056 172464 7020458 420294 0 164795 6760236 6760236 577227 577227 34970 34970 80446 80446 19688 19688 18569 18569 4095 4095 3383 3383 MISCELLANEOUS 75631 2680 72951 EQUIPMENT EXPENSE 55253 55253 INVESTMENT ADVISOR FEES 50183 50183 OPERATING AND SUPPLY EX 45696 45696 36590 36590 7761967 7337463 351553 72951 1549187 2938374 681075 1043536 5662343 5888271 73946 65931 738595 8636 5773 729959 11083326 8439795 5707 264783 231922 13484 3115 19333917 19346610 21544 35118 5000 5000 391186 856738 417730 896856 X 329213 461568 13375688 12737725 5211286 5250461 18916187 18449754 19333917 19346610 -741509 275076 0 X X 0 1 X 0 0 X 822888 3445770 8935749 2177569 6362418 21744394 822888 3445770 8935749 2177569 6362418 21744394 21744394 125887 126640 135421 164045 186240 738233 111229 365066 78438 21510 151019 727262 23209889 0.93690 0.91980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7103833 39175 639933 35330 48195 7699416 6122773 153833 871505 44278 7103833 5965448 328620 -91728 37719 41848 6122773 5879760 133289 31770 38456 40915 5965448 4930266 44198 985380 41636 38448 5879760 1.00000 0 0 53031 53031 650939 1414 649525 34625 7222 27403 729959 X 7583643 275076 288109 563185 7020458 0 7020458 8050076 288109 288109 7761967 0 7761967 PART V, LINE 4: THE CURRENT ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS AND OPERATING FUNDING FROM THE INVESTMENT EARNINGS OF THESE ENDOWMENTS. PART X, LINE 2: IN ACCORDANCE WITH FASB INTERPRETATION NO. 48, THE FOUNDATION HAS REVIEWED FOR ANY "UNCERTAIN TAX POSITIONS" TAKEN. BASED ON THEIR REVIEW, THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT HAVE BEEN TAKEN OR TO BE TAKEN BY THE FOUNDATION OF WHICH THEY ARE AWARE. FORM 990, PART IV, LINE 11F: FOOTNOTE FOR UNCERTAIN TAX POSITIONS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2014. THE FOUNDATION'S POLICY IS TO INCLUDE PENALTIES AND INTEREST ASSOCIATED WITH INCOME TAXES AS INCOME TAX EXPENSE AND INTEREST EXPENSE RESPECTIVELY. THE FOUNDATION DID NOT INCUR ANY PENALTIES OR INTEREST ON INCOME TAXES FOR THE PERIODS BEING REPORTED. ANNUAL LUNCHEONS 20737 12695 8042 6043 2000 2065 GOLF TOURNAMENTS 213247 169782 43465 3750 233984 182477 51507 3750 6043 2000 2065 13858 37649 1 CENTRAL COMMUNITY COLLEGE PO BOX 4903 GRAND ISLAND NE 688024903 470494188 170(B)(1)(A)(IV) 6380498 379738 FMV EQUIPMENT AND SUPPLIES SUPPORT OF COLLEGE PROGRAMS AND ACTIVITIES SCHOLARSHIPS 523 577227 PART I, LINE 2 DONATIONS FOR SCHOLARSHIPS ARE PROCESSED BY THE FOUNDATION. THEY CAN BE COMPRISED OF UNRESTRICTED OR RESTRICTED TO A SPECIFIC PROGRAM. IN ADDITION, THE FOUNDATION GENERATES SCHOLARSHIPS FROM THEIR OWN ASSETS. THE FOUNDATION SCHOLARSHIP RECIPIENTS ARE SELECTED BY AN APPLICATION PROCESS THROUGH A SCHOLARSHIP COMMITTEE COMPRISED OF THE THREE FINANCIAL AID DIRECTORS FROM THE HASTINGS, GRAND ISLAND AND COLUMBUS CAMPUSES, ALONG WITH TWO PERSONS FROM THE FOUNDATION OFFICE, INCLUDING THE EXECUTIVE DIRECTOR. THE SCHOLARSHIP APPLICATIONS ARE SCORED ON A SCALE OF 1-10 IN FIVE CATEGORIES; APPLICATION PACKET, ACADEMIC ACHIEVEMENT, REFERENCES, PERSONAL STATEMENT, AND OTHER ACTIVITIES. THE SCORES OF THE APPLICATIONS ARE THEN AVERAGED AND AWARDED BASED UPON RANKING AND/OR CRITIERIA WITHIN RESPECTIVE ENDOWED SCHOLARSHIP FUNDS. X 0 0 0 0 0 0 0 0 0 DEAN MOORS EXECUTIVE DIRECTOR 61409 95474 0 0 0 0 0 0 10314 19156 71723 114630 0 0 X 1 17112 FAIR MARKET VALUE X EQUIPMENT 7 269933 COST 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR HAS INVESTMENTS WITH ONE OF THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HAS ADOPTED A CONFLICT OF INTEREST POLICY WHEREBY ALL OFFICERS, DIRECTORS, COMMITTEE MEMBERS, AND KEY EMPLOYEES WILL REVIEW THE POLICY UPON INITIALLY ASSOCIATING WITH THE FOUNDATION, AND ANNUALLY AT THE JUNE BOARD MEETING THEREAFTER. A STATEMENT IDENTIFYING ANY CONFLICTS, OR POTENTIAL CONFLICTS, WILL THEN BE COMPLETED AND REVIEWED BY THE BOARD OF DIRECTORS AND APPROPRIATE ACTION TAKEN TO RESOLVE OR MONITOR THE SITUATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS ADOPTED A POLICY WHEREBY THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES SHALL BE DETERMINED ANNUALLY BY EVALUATION OF SAID EMPLOYEES'PERFORMANCE AND REVIEW OF DATA REGARDING PERSONS HOLDING COMPARABLE POSITIONS IN OTHER NEBRASKA ORGANIZATIONS PROVIDING THE SAME SERVICES. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE FOUNDATION, AS WELL AS THE PRESIDENT OF CENTRAL COMMUNITY COLLEGE, AND BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. SUCH REVIEW AND DELIBERATIONS ARE DOCUMENTED IN MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT AT THE FOUNDATION'S BUSINESS OFFICE AND ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 2C: THE BOARD OF DIRECTORS RECEIVES AND APPROVES THE AUDITED FINANCIAL STATEMENTS. CENTRAL COMMUNITY COLLEGE PO BOX 4903 GRAND ISLAND NE 688024903 470494188 EDUCATIONAL INSTITUTION NE 501(C)(3) 170(B)(1)(A)(II) N/A 0 WARREN AND VELDA WILSON FOUNDATION 747 N BURLINGTON AVE HASTINGS NE 68901 470741012 CHARITY AND PROVIDE SCHOLARSHIPS NE 501(C)(3) 509(A)(3) TYPE I N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 CENTRAL COMMUNITY COLLEGE N COST CENTRAL COMMUNITY COLLEGE O COST CENTRAL COMMUNITY COLLEGE P 353165 COST CENTRAL COMMUNITY COLLEGE B 588112 COST WARREN AND VELDA WILSON FOUNDATION L 40250 COST WARREN AND VELDA WILSON FOUNDATION P COST